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Pentagon Federal Credit Union, widely known by its abbreviated name PenFed, is a United States federal credit union headquartered in McLean, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA).
A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1] Credit unions in the United States may either be chartered by the federal government [2] or a state government. [3] The National Credit Union ...
While Pentagon Federal Credit Union does maintain around 50 branches across 13 states, those who live elsewhere can still open accounts and access them entirely online.
Randolph-Brooks Federal Credit Union (RBFCU) is a credit union headquartered in Live Oak, Texas, chartered and regulated under the authority of the National Credit Union Administration (NCUA). RBFCU serves more than 1 million members [1] from a network of full-service branch locations in Texas, and has more than $18 billion in assets as of ...
PenFed’s member benefits and discounts make this lender a stand-out option for those who meet the credit union’s requirements.
You must join PenFed Credit Union to apply for a personal loan, and the length of your membership is considered during the underwriting process. However, it could be a worthwhile move.
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